Infos Business of Wednesday, 17 September 2014

Source: investiraucameroun.com

18 Cameroonian firms installed in China - Liu Yuting

In the wake of a hearing with the Cameroon minister of trade, Luc Magloire Mbarga Atangana September 10, 2014, the vice-minister of the State Administration, of Industry and Trade of the People's Republic of China, Liu Yuting, indicated that 18 Cameroonian firms are already installed in China, reported the government Daily Newspaper Cameroon.

This member was reassuring to the Chinese government as well as the Minister of Trade, who wished to see more and more "Cameroonian products on the Chinese market", by way of return elevator of the Chinese party in Cameroon, a country whose market is literally flooded with cheap products from China.

With his host of 10 September, Luc Magloire Mbarga Atangana, who indicated that the Cameroon exported mainly cotton, raw wood and sawn wood to China, also pleaded for an awareness of the Chinese economic operators, so that these latter can transform locally Cameroonian products and export to their country and in the Central African sub-region, in order to contribute "to the promotion of the label Cameroon".

According to the statistics from the Directorate of economic affairs (DAE) of the Ministry of Finance (report of the year 2013 on the economic prospects, social and financial of Cameroon), in 2012, China became the first bilateral customer of Cameroon, being the destination of 15% of the country's exports, ahead of Spain and the Netherlands (consumer of nearly 70% of the Cameroonian cocoa), which were the first two customers of the country in 2011.